GOOG losing market share:

SAN FRANCISCO (MarketWatch) -- Google Inc.'s share of the U.S. Internet search market dipped a full percentage point in July when compared to June's total, according to research released Friday by comScore Networks Inc.

SAN FRANCISCO (MarketWatch) -- Google Inc.'s share of the U.S. Internet search market dipped a full percentage point in July when compared to June's total, according to research released Friday by comScore Networks Inc.

The world's ** cheapest computing power ** is the competitive advantage...
That can be leveraged to gain market share and charge for ads.

Within a few years...
The ** average person ** will not need
computer with hard drive, Windows, MS Office, anti-virus, firewalls, etc...
Just a $200 appliance that plugs into GOOG's supercomputer over the Web.

That is GOOG's Master plan... a PARADIGM SHIFT...

And that's why it trades at $377...
And has little to do with "search".
The "search business" is probably worth < $50/share.